Proshare Logo
   Market Date: 25-11-2014   
Agriculture ARTS FINANCE All One Min News Archives Bonds Cap Mkt Sentiments Capital Market CASHLESS NIGERIA Commodities Corporate Earnings Daily & Weekly Market Updates Enterpreneurship ETFs Forex Frauds & Scandals General Global Market Insurance Investors NewsBeat Islamic Finance Mergers & Aquisitions Money Market Mortgage Mutual Funds Nigeria Economy Oil Sector Opinions and Analysis Pensions People Personal Finance Politics Power Products & Services Professionals Property Public Offers Private Placements Regulators REITs Stock PICKS Taxation Telcos Travel & Tours Unlisted OTC MARKET World of Business

AFRIBANK Collects Autoreg, Hackney Permit Revenue

Category: Products & Services


  Read (3848)
AFRIBANK Collects Autoreg, Hackney Permit Revenue

* FOR LAGOS, RIVERS, OGUN, OSUN GOVTS

 
LANRE ALABI

 

To enhance its revenue collection drive and accountability, Lagos and Rivers States have appointed Afribank Nigeria Plc to collect their revenue for vehicle licenses and hackney permit issuance.

The State Governments had recently partnered with Afribank on their newly introduced automated vehicle licensing and renewal system, known as AutoReg. AutoReg is meant for all automobile owners who want to register or renew their vehicle licenses with the states. 

Vehicles covered under the scheme include cars, commercial vehicles, motorcycles and other heavy duty vehicles. It is a web based business solution that makes registration and renewal of licenses easier. 

The government has consequently advised individuals and public institutions in the States to process their vehicle license and pay their hackney permits at any of the 300 Branches of Afribank nationwide.

The appointment of Afribank as collection agent was based on its track record of excellent performance in the collection of taxes, levies, revenues and bills for private and public institutions over the years. The Bank has effectively deployed its on-line real time capability to offer seamless and instant reconciliation and prompt renditions of payments.

This has boosted the revenue drive, transparency and accountability of states and organizations the Bank has worked for.

Afribank has become the Bank of first choice for many organizations in their revenue drive because of its information technology, large branch network, spread, experience, convenience and transparency 

 
Presently, Afribank collects revenues, taxes and bills for customs, FIRS, Nigerian Maritime Authority and Safety Agency (NIMASA), NITEL, PHCN, and Delta State Government. The Bank is also strong in the sale of educational forms.


Tags: , 



Comment With Your Facebook or Yahoo! ID


Latest news


News on Products & Services

About Us

Who We Are
Our Team & Partners
Corporate Governance
Advertise with Us
Subscribe / Unsubscribe
Site Map
News Feed - RSS
Newsletter
Contact Us
Volunteer Program
Message from CEO
Resources

News & Features
The Analyst / Market Data
Investor Relations Portal
The Regulator
Economy & Politics
WebTV
Training Portal
Events Calendar
NewsStands - Online Reputation

Products and Services

Research & Market Intelligence
Analyst Services
Offers & Rights Support Service
Investor Relations Services
Alert & Subscription Services
Share Support Services
Proshare Consult
Event & Seminar Coverage
Market Directory
File a Complaint
News & Analysis

#1minNews
News from TheANALYST
Video News from WebTV
Money Market Updates
Opinions & Analysis
Nigerian Economy
Market Data
The Regulator
Newsletters
Discussion Forum
Policy

Subscriber Agreement
Privacy Policy
Data Policy
Disclaimer
Copyright Policy
Trademarks
Comments in Site
Advertising Code
Conflict of Interest
Content Partnership
3rd Parties

Online Trading and Execution
Training
Legal Support Services
Web/Technology Services
File a Complaint